Insurance Long Term Debt vs Non Current Liabilities Total Analysis

IAG Stock   8.28  0.20  2.36%   
Insurance Australia financial indicator trend analysis is infinitely more than just investigating Insurance Australia recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Insurance Australia is a good investment. Please check the relationship between Insurance Australia Long Term Debt and its Non Current Liabilities Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Insurance Australia Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Long Term Debt vs Non Current Liabilities Total

Long Term Debt vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Insurance Australia Long Term Debt account and Non Current Liabilities Total. At this time, the significance of the direction appears to have weak relationship.
The correlation between Insurance Australia's Long Term Debt and Non Current Liabilities Total is 0.34. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Insurance Australia Group, assuming nothing else is changed. The correlation between historical values of Insurance Australia's Long Term Debt and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Insurance Australia Group are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Long Term Debt i.e., Insurance Australia's Long Term Debt and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Long Term Debt

Long-term debt is a debt that Insurance Australia has held for over one year. Long-term debt appears on Insurance Australia Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Insurance Australia Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Non Current Liabilities Total

Most indicators from Insurance Australia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Insurance Australia current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Insurance Australia Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to gain to about 303.4 M in 2024, despite the fact that Discontinued Operations is likely to grow to (14.2 M).

Insurance Australia fundamental ratios Correlations

0.630.490.510.880.420.20.460.470.74-0.740.850.84-0.460.850.33-0.090.960.590.51-0.840.680.830.780.910.33
0.630.150.170.730.210.42-0.18-0.010.61-0.420.750.75-0.320.60.0-0.010.750.650.24-0.510.490.650.420.74-0.12
0.490.151.00.240.270.320.40.340.450.010.160.49-0.030.490.97-0.630.360.370.75-0.450.260.290.590.310.1
0.510.171.00.260.280.310.410.350.480.00.180.5-0.020.510.97-0.620.380.380.74-0.450.310.30.620.330.09
0.880.730.240.260.490.150.410.550.58-0.760.970.87-0.450.790.07-0.020.960.680.33-0.560.740.850.570.980.45
0.420.210.270.280.49-0.480.660.520.02-0.460.430.45-0.130.720.22-0.420.460.450.14-0.140.280.430.220.470.54
0.20.420.320.310.15-0.48-0.28-0.160.390.110.230.35-0.240.050.28-0.20.230.290.64-0.37-0.010.250.10.21-0.24
0.46-0.180.40.410.410.66-0.280.840.01-0.430.340.31-0.140.560.39-0.30.390.230.43-0.210.210.340.290.390.85
0.47-0.010.340.350.550.52-0.160.840.14-0.40.430.41-0.210.460.27-0.230.470.450.4-0.090.370.350.210.510.92
0.740.610.450.480.580.020.390.010.14-0.30.560.63-0.280.520.32-0.120.70.610.43-0.710.670.480.720.6-0.1
-0.74-0.420.010.0-0.76-0.460.11-0.43-0.4-0.3-0.79-0.650.74-0.610.18-0.08-0.75-0.43-0.140.62-0.44-0.84-0.3-0.77-0.51
0.850.750.160.180.970.430.230.340.430.56-0.790.86-0.520.76-0.020.00.960.650.33-0.630.680.890.50.970.37
0.840.750.490.50.870.450.350.310.410.63-0.650.86-0.590.740.32-0.310.890.750.6-0.640.560.880.540.870.3
-0.46-0.32-0.03-0.02-0.45-0.13-0.24-0.14-0.21-0.280.74-0.52-0.59-0.250.150.23-0.47-0.53-0.350.52-0.1-0.730.08-0.47-0.35
0.850.60.490.510.790.720.050.560.460.52-0.610.760.74-0.250.39-0.320.850.650.47-0.650.570.680.640.840.39
0.330.00.970.970.070.220.280.390.270.320.18-0.020.320.150.39-0.620.190.210.7-0.310.150.10.530.140.04
-0.09-0.01-0.63-0.62-0.02-0.42-0.2-0.3-0.23-0.12-0.080.0-0.310.23-0.32-0.62-0.08-0.57-0.580.080.0-0.150.06-0.08-0.2
0.960.750.360.380.960.460.230.390.470.7-0.750.960.89-0.470.850.19-0.080.690.44-0.750.710.870.660.970.35
0.590.650.370.380.680.450.290.230.450.61-0.430.650.75-0.530.650.21-0.570.690.48-0.410.510.590.20.710.36
0.510.240.750.740.330.140.640.430.40.43-0.140.330.6-0.350.470.7-0.580.440.48-0.550.060.440.330.390.31
-0.84-0.51-0.45-0.45-0.56-0.14-0.37-0.21-0.09-0.710.62-0.63-0.640.52-0.65-0.310.08-0.75-0.41-0.55-0.35-0.72-0.62-0.64-0.02
0.680.490.260.310.740.28-0.010.210.370.67-0.440.680.56-0.10.570.150.00.710.510.06-0.350.460.690.740.16
0.830.650.290.30.850.430.250.340.350.48-0.840.890.88-0.730.680.1-0.150.870.590.44-0.720.460.430.840.34
0.780.420.590.620.570.220.10.290.210.72-0.30.50.540.080.640.530.060.660.20.33-0.620.690.430.59-0.05
0.910.740.310.330.980.470.210.390.510.6-0.770.970.87-0.470.840.14-0.080.970.710.39-0.640.740.840.590.41
0.33-0.120.10.090.450.54-0.240.850.92-0.1-0.510.370.3-0.350.390.04-0.20.350.360.31-0.020.160.34-0.050.41
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Insurance Australia Account Relationship Matchups

Insurance Australia fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets29.6B33.5B34.2B35.0B25.6B25.0B
Short Long Term Debt Total2.3B2.7B2.7B2.7B2.9B2.0B
Other Current Liab11.4B14.9B15.4B14.9B(118M)(112.1M)
Total Current Liabilities13.5B16.5B17.1B16.7B1.1B1.0B
Total Stockholder Equity6.1B6.2B6.2B6.7B6.7B5.3B
Net Debt(117M)574M1.6B1.3B1.1B715.3M
Cash2.3B2.0B938M1.4B1.8B975.7M
Non Current Assets Total16.9B19.7B20.5B20.7B16.5B14.0B
Non Currrent Assets Other8.6B14.3B12.1B12.2B11.2B11.8B
Other Assets22.6B26.6B28.1B28.3B7.2B10.5B
Cash And Short Term Investments2.3B2.0B938M1.4B631M599.5M
Common Stock Shares Outstanding2.5B2.4B2.8B2.8B2.8B2.2B
Short Term Investments2.0B1.7B588M882M(1.2B)(1.1B)
Liabilities And Stockholders Equity29.6B33.5B34.2B35.0B25.6B25.0B
Total Liab23.3B26.9B27.7B28.0B18.5B18.1B
Total Current Assets12.8B13.8B13.6B14.3B1.8B1.7B
Other Liab6.7B8.2B8.1B7.5B8.6B9.0B
Property Plant And Equipment Net663M610M592M591M520M322.3M
Retained Earnings(521M)(1.1B)(1.2B)(638M)(195M)(204.8M)
Accounts Payable2.0B1.5B1.6B1.7B983M1.1B
Long Term Debt1.5B2.0B2.0B2.1B2.5B1.5B
Net Receivables4.1B4.4B4.6B5.6B822M780.9M
Good Will2.9B2.8B2.8B2.8B2.8B2.2B
Non Current Liabilities Total9.8B10.4B10.6B11.3B17.3B18.2B
Other Current Assets12.8B13.8B13.6B14.3B9.1B10.8B
Other Stockholder Equity(49M)(33M)(24M)(21M)(18.9M)(19.8M)
Accumulated Other Comprehensive Income30M13M3M45M40M44.8M
Property Plant Equipment663M610M592M591M679.7M713.6M
Current Deferred Revenue31M124M13M33M29.7M28.2M
Treasury Stock(27M)(48M)(49M)(33M)(29.7M)(31.2M)
Net Tangible Assets2.9B3.0B2.8B3.0B2.7B2.5B
Deferred Long Term Liab2.7B2.7B2.9B3.3B3.8B2.6B
Long Term Investments8.5B10.8B11.3B11.0B12.9B8.6B

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Additional Tools for Insurance Stock Analysis

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